The Edge Singapore has picked out several public-listed companies featured on Temasek’s website and Bloomberg and scored them based purely on quantitative metrics. The scoring table comprises 20 companies, nearly half of which are domestically listed.
The scoring table considers six aspects of each company.
- The first is historical performance, which looks at the company’s financials over the past 10 years, where discounts are given for poor performance and inconsistency.
- The second is profitability, which examines profitability ratios such as return on equity, return on assets and margins.
- The third aspect is yields and valuation, which compares the company’s fundamental yields against the risk-free rate, along with its relative valuation to peers.
- The fourth aspect is financial safety, which examines the company’s balance sheet, including liquidity and solvency ratios, the quality of its shareholder equity and any external credit ratings on the company.
- The fifth is sentiment, which looks at analyst ratings and forward price ratios.
- Lastly, the price-to-value aspect compares the price growth to the weighted value growth over multiple periods. This weighted value includes revenue, net income and cash flows in ascending order.
The Edge Singapore has picked out several public-listed companies featured on Temasek’s website and Bloomberg and scored them based purely on quantitative metrics. The scoring table comprises 20 companies, nearly half of which are domestically listed.
